Mahindra Tractors registers a 16 per cent increase in domestic sales in July 2011
Total Sales (domestic + exports) register 15% increase at 16718 units.
- (1888PressRelease) August 02, 2011 - Mumbai: Mahindra & Mahindra's Farm Equipment Sector (FES), a part of the U.S. $12.5 billion Mahindra Group, maintained its leadership position in the tractor industry in July 2011.
Domestic sales in July 2011 stood at 15699 units, as against 13534 units for the same period last year, an increase of 16%.
Total tractor sales (domestic + exports) in July 2011 stood at 16718 units, as against 14592 units for the same period last year, an increase of 15%.
Exports for the month stood at 1019 units.
About The Mahindra Group
The Mahindra Group focuses on enabling people to rise. Mahindra operates in the key industries that drive economic growth, enjoying a leadership position in tractors, utility vehicles, information technology and vacation ownership. Mahindra has a presence in the automotive industry, agribusiness, aerospace, components, consulting services, defence, energy, financial services, industrial equipment, logistics, real estate, retail, steel and two wheelers.
A US $12.5 billion multinational group based in Mumbai, India, Mahindra employs more than 119,900 people in over 100 countries.
In 2011, Mahindra featured on the Forbes Global 2000 list, a listing of the biggest and most powerful listed companies in the world. Dun & Bradstreet also ranked Mahindra at No. 1 in the automobile sector in its list of India's Top 500 Companies. In 2010, Mahindra featured in the Credit Suisse Great Brands of Tomorrow.
Its flagship company Mahindra & Mahindra Limited is the only Indian automobile manufacturer to feature in the top 10 list of the Carbon Disclosure Leadership Index in India - 2010, created by the Carbon Disclosure Project (CDP).
In 2011, Mahindra acquired a majority stake in Korea's SsangYong Motor Company.
For further information, please visit www.mahindra.com
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